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20121222
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KTVU (FOX) 12
KGO (ABC) 11
KRON (MyNetworkTV) 11
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KPIX (CBS) 4
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English 46
Search Results 0 to 45 of about 46 (some duplicates have been removed)
CBS
Dec 21, 2012 5:00pm PST
the president and congress take action, tax rates will go up on every american taxpayer and devastating the defense cuts will go into effect in 10 days. >> reporter: his bill would have extended tax rates for households making a million dollars a year. the president put the threshold at $400,000. the white house and democrats here on capitol hill are frustrated that speaker boehner spent the last several days pushing plan b instead of focusing on a bigger compromise. >> nobody can get 100% of what they want and this is not simply a contest between parties in terms of who looks good and who doesn't. >> reporter: disagreements over how much to raise taxes and cut spending continue to separate democrats and republicans. >> what the president has proposed so far simply won't do anything to solve our spending problem. >> reporter: both sides insist they are still committed to stopping the big tax hike coming at the end of the year. tara mergener for cbs news, washington. >>> the failed efforts on the "fiscal cliff" sent the stock market sliding. the dow dropped more than 120 points. the nasd
KRON
Dec 21, 2012 11:00pm PST
up with a solution. to avoid the fiscal cliff. that is the end- of- the year trigger on tax hikes. and spending cuts. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>pam: house speaker john boehner failed to gain enough of his party's support for his "plan b". that proposal would have raised taxes only on those americans making more than one million dollars a year. without a deal, steep tax hikes and massive government spending cuts are set to kick in after january first. as the fiscal cliff countdown continues. house and senate members and president obama. have all recessed for the christmas holiday. >> the ninth circut court of appeals today blocked a california law which bans the controversial therapy. that aims to turn gay minors. straight. the three judge panel issued an emergency order, to put the law on hold until the court can hear further arguments. the law. wh
ABC
Dec 28, 2012 5:30pm PST
before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconne
KRON
Dec 21, 2012 8:00pm PST
not want to pay tax or hotel so it is a big problem for us and my wife is pregnant. >> believe it or not summers and excited. >> happy holidays! >> believe it or not, holiday these travelers are happy. >> yes, i'm going to try to make the best of a crummy and situation. >> this very long day for passengers and travelers at s f o. oakland and san jose are both dealing with limited delays. s f o, j. r. stone, kron 4 news. >> the north brae this was pounding rain and howling wind taking out christmas decorations. jeff bush continues our live tv coverage larksburg >> it has been difficult to with this on-again off-again rainfall the drivers on highway 1 0 1 are back up to full speed but the impact can still be seen >> by nightfall the rainfall has stopped but the rain and roche were covered with water. friday's storm left standing water. like here in front of the big 5 sporting goods store. it did not take long for the water to porsche gray skies by nightfall the rain had stopped but the roadway was still covered in water. the wet road could be seen by the headlights of the oncomin
FOX
Dec 29, 2012 7:00am PST
. both houses will reconvene tomorrow. some republicans suggest racing taxes for those earning at least a million, the president and democrats want increases on making more than $250,000 a year. >> we can't afford a politiclyself inflicted wound to the economy. the economy is growing but keeping that way means the folks you sent to washington have to do their jobs. >> the president said congress must meet the new year's deadline and pass a balanced plan. >> the president's proposal to raise taxes on the top 2% won't even pay one third of the interest that's owed on this 16 trillon dollar debt. >> ouri senator gave the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa could be affected. california is bracing for a stalemate. the state controller's office is advicing departm
FOX
Dec 24, 2012 7:00am PST
from the fiscal cliff. talks to try to prevent automatic tax hikes and spending cuts won't resume until thursday. andrew spencer has the very latest. >> reporter: some republican lawmakers says president obama wants the country to fall off the fiscal cliff. >> we were gonna go over the cliff before. we are gonna now because that's what the president wants. >> reporter: house speaker john boehner failed to get enough vote for his plan b on thursday. that would have raised taxes on people making more than a million dollars a year. on friday, they left town with no deal. >> i've asked leaders of congress to work toward a package that prevent as tax hike on middle-class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. >> raising taxes could still be red ink as far as i can see and it would hurt jobs. >> reporter: some long-time lawmakers are dismayed by the perpetual gridlock. >> i feel it's more likely we'll go over the cliff than not and if we allow that to happen, it will be the most colossal
KRON
Dec 28, 2012 7:00am PST
will look for common ground to get automatic tax increases and spending cuts from kicking in. >> their only four days to reach an agreement or you as a common goal of the so- called fiscal cliff we are here in washington working all the members of the house of rand representatives are all watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here until the president i would be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline and as i said this to the conversation we should add months ago. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more year. >> many republicans are made against any tax increases. >> russian president of vladimir putin aside a bill banning americans from adopting russian children. >> the law also blocked dozens of russian children or currently in the adoption process by american families from leaving the country. >> putin says the bill is retaliation for an american law that calls for action against russian offic
KRON
Dec 27, 2012 7:00am PST
a budget agreement automatic tax increases for every one and d spending has will be triggered in the next year. the main dispute continues to be over taxes. >> as the nation nears the fiscal cliff in hawaii is lieutenant governor is said to be sworn in to the senate today replacing the late senator daniel inouye. for a year old schatz is a former white democratic party chairman and lawmaker. he was chosen over u.s. rep colleen had help boost the home was suggested shortly before it and always death. >> not allowing the vast majority of the house of representatives to get what they want. if that to 50 would be brought up it would pass over. on any given day for the last five or six months since the giant banner could have passed tax cuts and it would pass. he is doing, he has made the decision that he does not won a vote on it. because if he voted on it it would pass. i have sat here mr. president is not too late for this eager to take up the senate-passed bill. that time is winding down. today is thursday, he is going to get 48 hours' notice of the house before they come back. 48 hours fr
SFGTV
Dec 22, 2012 8:00pm PST
that that's the case. apartment and rental fees, i think anybody who lives here knows taxes were due december 10 at the latest. we still haven't gotten, we won't know until january what the results of how we're doing in that first payment of the property taxes. the reason i say that is the apartment fees are tied to the roll, they are built along with your property tax so that's when they come in. >> in terms of expenses, as i mentioned, 40 percent of the budget has been expended for personnel and we're at 42 percent of the year so we're just, we're slowly catching up and i expect by the end of the year, as i said, we'll be not completely fully staffed but we're getting there. the other sort of expenses or trends that we're seeing in expenses is they are starting to bill out the work orders but most of the departments don't bill them out until january for the first 6 months of the year so that's where we'll see the large ones, which one largest is the city attorney's office. so we're waiting for that. just kind of a footnote. next meeting we'll be presenting the first iteration of
ABC
Dec 29, 2012 6:00am PST
before taxes go up for all americans and federal programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the bowl game is al
KOFY
Dec 21, 2012 9:00pm PST
. >>reporter: speaker boehner says the only way out is a deal that cuts spending and reforms the tax code but even he seemed to suggest that is virtually impossible now. >> how we get there god only knows. >>reporter: boehner attempt add so-called plan b last nigh night. fwhail would have extended tax cut for everybody except millionaires. but his own plan was rejected by his own party. and face of opposition from conservative unwilling to see taxes go up on anybody at all. let me get straight you won't support raising the taxes on people that make over 1 million dollars year. >> not raising taxes on any american. >>reporter: 10 million. >> absolutely. >>reporter: that's jonathan karl reporting. federal appeals court has blocked california law banning gay conversion therapy. ninth circuit court of appeals issued emergency order putting the law on hold until it can hear full arguments on this issue. the law banning conversion therapy that aims to turn gay minor straight was to take effect on january 1st. counts lors who practice the therapy and 2 family who say the teenager son
KRON
Dec 27, 2012 4:00am PST
of the so-called fiscal cliff, a series of tax hikes and spending cuts set to take effect in five days. >> there still seems to be no signs of a compromise acting congress and president obama. >> president obama return to washington to get the credit shortage of medication. is a video the president leaving. >> house and senate members are expected to reconvene today as well. >> without a budget agreement, automatic tax increase is for everyone in the spending cuts will be triggered in the new year. >> the main dispute continues to be over taxes. >>, of the kron 4 morning news changes are coming to a netflix starting next year. how the company wants to get users more connected socially and next. >> the web more attractive weather and headlines when we come back >> wexcome backed. >> time is 4:10. >> net flicks is adding more social features to it streaming media service in the u.s.. >> the company confirms that the congress passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the
CBS
Dec 29, 2012 5:00am PST
on taxes and spending. for the latest let's go to chief correspondent at the white house major garrett. good morning. >> good morning, rebecca. president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was
FOX
Dec 26, 2012 7:00am PST
many of you may have to hold off on filing income tax returns if congress doesn't avoid the fiscal cliff. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. . >>> we are tracking downpour across parts of the bay area. here is the live camera looking toward mount diablo. take a look at live storm tracker two and show you the current rainfall pattern. >> and welcome back. the president is cutting his vacation short to face the fiscal cliff. is he leaving hawaii for washington tonight. if lawmakers don't come up with a deal before the deadline your tax refund could be delayed by months. we are live in the washington bureau to explain more. >> reporter: brian the irs said without a deal as many as 100 million taxpayers may be forced to wa
ABC
Dec 29, 2012 5:00am PST
and maryland. >>> there are fewer than three days left before taxes go up for almost all americans and several programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the physical cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend lesson fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shop
ABC
Dec 24, 2012 5:00pm PST
likely we will go over the fiscal cliff following the failure of joan boehner to get higher taxes on wealthy americans. if the president and congress can't agree, government spending cuts and tax hikes will kick in automatically. market watchers feel it could push the competent back into recession. >> carolyn: instapgram has triggered a class action lawsuit. the claim was filed against facebook that owns the service. infagram that changed its terms of service. idea was abandoned after an outcry from users. lawsuit alleged they breached the contract with users in tweak that go policy. facebook has not responded to the suit. >> dan: a new requirement that forces california lawmakers to drive their own cars for legislative business is paying off. they report the state has saved $240,000, n taxpayer money since the new rule went into effect one year ago. california lawmakers were given a car paid by the state. this year that practice ended. they must drive their own cars, the savings was achieved because many legislators cut their driving habits in half. >> carolyn: big television scr
KICU
Dec 27, 2012 11:30pm PST
dramatically. >> plus what going over the so called fiscal cliff could mean for the taxes that you pay. >> interest rates as high as >>> economic experts say if the country says if the country goes over the so called fiscal cliff it could go back into a recession. the effects could be even worse here in california. >> reporter: californians trying to straighten out the state's finances voted for prop 30. high earning californians will pay higher income taxes for seven years. the fiscal cliffs will hit all americans with much higher taxes and that could lead to an over all u.s. economic downturn. that in term could derail in of the benefits prop 30 may have meant for the state. >> i don't know there's a word to describe how the public is going to be. nobody is going to be happy to see that happen. >> if taxes go up on everybody, it's not going to be a happy time. but i think that's what's inevitably going to happen. >> reporter: average earnings will see 4%, top earners about 6%. that says nothing of lost deductions or other unknowns such as deduction driven pay cuts, lay offs and over
FOX
Dec 28, 2012 6:00am PST
. it's a sign of what is to come if no fiscal cliff deal is reached and automatic income tax increases and government spending cuts go into effect in four days. meanwhile the president called a top four congressional leaders to meet with them at the white house later today with the hopes they can avoid this potential crisis. and in a somewhat surprising move top republican signaled he might be willing to compromise more on that when i see you next. >>> only on 2 in the north bay search teams are using a new technology to try to find a man who jumped the court me terra creek during a police chase. anthony donaldson was swept away on monday. he jumped into the creek to avoid a drunk driving test. >> really what it is it's the difference between the televisions we had years ago and newer digital tvs we have nowadays. a much sharper, clearer picture. imagery is much more defined than it was before. >> marin county is borrowing the video ray from contra costa county. they bought it from antiterrorism funds. >>> police in vacaville are asking for the public's help in finding a 56-year-old wo
KRON
Dec 24, 2012 4:00am PST
to try and prevent automatic tax hikes and spending cuts from taking effect january first. andrew spencer has the latest. analysts say many shoppers haven't been in the holiday spirit when it comes to spending money. the four-day black friday weekend that started on thanksgiving was strong. sales rose 2-point-7 percent. but analysts says sales fell 4-point-3 percent for the week ending december 15th. and last week they forecasted holiday spending to decrease another 2-point- 5 percent. previous expectations were for a 3-point-3 percent increase in spending. the saint anthony foundation needs help to reach its goal of collecting 5-hundred hams during the 25th annual curbside donation drive. according to the foundation, they collected a hundred hams. that's just 20-percent of their goal. the foundation hoped to get another 400 hams sunday and today. if you would like to donate a ham you can do so at the drive. located in front of saint anthony's in san francisco's tenderloin area. from 9 a-m this morning until 3 this afternoon. we'll be right back here on the kron four morning news. return
KRON
Dec 26, 2012 8:00pm PST
cliff" -- a series of tax hikes and spending cuts set to take effect in six days. and there still seems to be no signs of compromise between congress president obama is cutting his holiday vacation in hawaii short. and will return to washington tomorrow. house and senate members are expected to reconvene tomorrow as well. without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> in national news. dallas cowboys nose tackle josh brent has been formally indicted on a charge of intoxication manslaughter. for the crash that killed a teammate. brent was arrested earlier this month after police say he flipped his car while speeding though a neighborhood in suburban dallas. brent survived the crash. but his friend and teammate. practice squad member jerry brown. died at a hospital. intoxication manslaughter carries a maximum sentence of 20 years in prison. no court dates have been set. >> right now parts of the country are dealing with the aftermath of a severe storm system that is
CBS
Dec 25, 2012 5:00am PST
for the holidays with a promise of returning in just a couple of days. only a week left to avoid tax hikes and spending cuts that will impact almost every american. now it appears democratic senate leader harry reid may take the lead in crafting a compromise to avoid tax hikes on at least the middle class which was the president's parting plea. meanwhile here in california leaders are concerned about what could happen if the tax hikes and budget cuts kick in. >> this would undo a lot of the good of the extra taxes californians are willing to invest in the schools. particularly special needs students would be cut by 10% and the meals program that so many of the californias are growing up in poverty and they need that meal. >> some county and city officials are concerned about the potential impact on health and welfare programs. >>> the dreaded fiscal cliff can potentially affect a wide range of health programs. >> cbs news' wyatt andrews explains. >> reporter: professor mallen like hundreds of medical researchers has already fallen off the fiscal cliff. her budget which relies on federal gr
KRON
Dec 24, 2012 7:00am PST
is running out to avert the fiscal cliff of tax increases in domestic programs cuts in january. some members of congress are concerned that a deal can't be reached. >> we are going to go over the cliff now because that is what the president wants. you cannot negotiate with someone who does not want to negotiate. >> president obama is and why you right now and will be cutting his vacation short. we will see the taxes go up if we do go over the fiscal cliff. palin a nurses' strike thousands of nurses walked off the job today at nine bay area hospitals. nurses with a center helps halt the bay summit medical center are asking for a negotiated labor contracts and improvement in patient care protections. such as staffing levels, a health benefits, and sick days. strikers a hospital officials want to reduce the number of paid sick days for nurses and technicians while maintaining health care coverage for those who work fewer than 30 hours a week. >> we're looking at power outages this morning all across the bay area. here's a look at the numbers. in the north bay 1075 people are without power. on t
KICU
Dec 24, 2012 11:30pm PST
negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii for christmas. he says he will cut his vacation short to try to hammer out a deal with republicans. i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit
FOX
Dec 24, 2012 6:00am PST
. they say it is known as a double irish where payments are moved to subsidiaries in order to pay lower taxes. >>> the tools come and decide to make muni scheduling the focus of app problems showing real locations to passengers. for now it's being tried out at the station. >>> they were routed by the seahawks. seattle got up to a 14-0 lead in the first quarter by this time martian lynch. he scored the first two touchdowns and david scored for another touchdown. they have now dropped to the third speed and they will not become a first round bithis weekend. >>> cam newton put the touchdown early on and ray had to leave after the first quarter after a hard hit. in the next quarter, the raiders sacked newton and newton appeared to kick kelly off of them. he said quote, you take our guy out, and then quote, we will take your guy out. they won 17-6. >>> let's go to tara, i understand there is a big accident in berkeley? >>> yes, if we take a look at our maps, we can show you where this is located. there we go. between gill man street and university avenue, we have four lanes blocked all except for
FOX
Dec 26, 2012 6:00pm PST
to the senate to pass legislation to avoid the steep cuts and tax hikes that are set to take effect january 2nd. some observers say it looks likely the u.s. will go over that cliff allowing lawmakers then to vote to lower taxes after they first go up. >> to make them look better? to appease voters? is that the reason? great. . >> meanwhile, another showdown is looming. the government will hit its federal debt limit on new year's eve and could default unless congress passes legislation to permit more borrowing. >>> the passage of proposition 30 gave governor brown the extra money he wanted for california schools. now he's working on a proposal to differencevy up the funds. eats work -- divvy up the funds. >> he wants to return more accountability, authority and decision-making down to local school districts because teachers, administrators and parents have a better sense of what their local priority are than people here in sacramento do. >> the governor's proposal will be included in his new budget set to be released next month. >>> california is losing out on federal vouchers provided from the
ABC
Dec 24, 2012 7:00am PST
. eight days until we head over it, when just about everyone's taxes will go up. rather than moving together, the two sides seem to be literally moving further apart. the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay spending cuts going into effect on january 1st. even accomplishing that will be difficult. congre
CBS
Dec 25, 2012 6:00am PST
cliff. avoid the fiscal cliff, billions in tax hikes and spending cuts will kick in. that uncertainty sparked another day of selling on wall street christmas eve. the dow dropped almost 52 points. >>> one of the most popular gifts under the christmas tree? gift cards. the national retail federation survey found 81% of shoppers bought gift cards this year spending an average of $150 each. >>> despite an increase in gift cards sales retailers anticipate holiday sales will be disappointing. while spending is expected to be up over last year, it is expected to be less than businesses were hoping for. >>> smart phones are a popular gift this year. next year smart cameras could be a big hit. they are already a couple on the market. nikon's new camera has wi-fi gps and many of the apps you'll find on an android smart phone. samsung's galaxy cam can also go an line allowing you to take pictures and immediately share them on social media. other companies are working on similar devices for next year. that's your money watch. for more business headlines go to cbsmoneywatch.com. in new york, i'm
ABC
Dec 28, 2012 11:00pm PST
left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senate leaders who are currently discussing the plan. they hope to have a deal ready for review and possible vote on monday. and then it would head to the house. the president says a deal is critical for the country. >> economists, business leaders all think we are poised to grow in 2013. as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not get it done, does not make a deal, here is how the physician physician -- the fiscal cliff could affect you. a middle class family would pay $2,000 more per year. gas prices will likely fall because people will spend less on fuel. you may see longer lines at the airports. budget cuts could leave the tsa with fewer checkpoint and retail prices may fall because declining consumer confidence would push down prices to get shoppers in the stores. we shall see. the clock is ticking. >>> moving o
KOFY
Dec 29, 2012 12:00am PST
cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senate leaders who are currently discussing the plan. they hope to have a deal ready for review and possible vote on monday. and then it would head to the house. the president says a deal is critical for the country. >> economists, business leaders all think we are poised to grow in 2013. as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not get it done, does not make a deal, here is how the physician physician -- the fiscal cliff could affect you. a middle class family would pay $2,000 more per year. gas prices will likely fall because people will spend less on fuel. you may see longer lines at the airports. budget cuts could leave the tsa with fewer checkpoint and retail prices may fall because declining consumer confidence would push down prices to get shoppers in the stores. we shall
FOX
Dec 24, 2012 12:00pm PST
for subsidiaries to pay lower taxes. >>> more than 92,000 people rolled the ferry to at&t park this past championship season. this is the first time they have had 92,000 or more. back in 2009 only 60,000 people rode the giant's ferry. >>> muni is getting some help for some hackathons. they are focusing their skills to help with scheduling programs. one of the most promising features shows the realtime location of buses and maps and now it is being tried out at the station. and gas prices are at its lowest with the average for regular at $3.25 per gallon. and it is more than a dime cheaper in san jose and almost down a dollar 20 from last year. >>> many bought a ticket worth $23 million. the ticket had all five numbers and was sold at sunshine center at pharmacy in south san francisco. that store will receive $115,000 for selling the winning ticket. >>> the rain is gone but concerns are not, we will have more on concerns about the levee in east palo alto and we will have more on why the neighbors are angry with the city. thanks for trusting ktvu channel 2 news and be sure to join us at 5
ABC
Dec 23, 2012 5:00am PST
the empty hauls. >> the president's solution of raising tax rates would still be ready -- >> the republican ledder took a swipe at democrats. >> i'm stuck here trying to prevent my fellow kentuckians from having to shell out more money next year. >> when the speaker announced $800 billion in revenue by limiting deductions, the speaker asked what do i get? the president responded you get nothing, i get that for free. and the president is now hoping to get a small deal. extend middle class tax rates, extend some unemployment benefits and agree to a framework for a big deal. >> that's an achievable goal. that can get done in ten days. >> can it? consider speaker boehner's other words which are really echoing about making a deal. >> how we get there, god only knows. >> the president wasted no time getting into vacation mode. he played golf on saturday. staff members from both sides will exchange e-mails and phone calls over the next couple days. congress expected to be back at work on thursday. david curly, abc news, the white house. >> president obama is expected to attend the late senator dan
ABC
Dec 24, 2012 6:00am PST
lower and the backdrop is what is happening or not in washington. get this, new tax established by affordable care act on medical devices from syringes to pacemakers may cause manufacturers to dodge requirements they register with the fda some companies could find ways to avoid listing devices that would be subject to fda approval to avoid the tax. experts say the fda may have to rely on complains from third parties to find out about -- companies that evading the requirements. ellen brightman, new york stock exchange. >>> everybody is hoping the rain holds off, it holds off today, better part of tomorrow, keep our fingers crossed. you can see some of the fog moving about this morning thickest north bay valleys, tiburon, belvedere over to about oakland this morning. clouds gone so is the rain, dry now rotating you can see it up there scan being the skies looking for that next storm from the west tomorrow afternoon. let's talk about right now. temperatures running mainly in the 40s and 50s out there. heads-up on guerneville and napa river, russian river guerneville and napa river
KOFY
Dec 28, 2012 9:00pm PST
up next president obama draws new line in the sand. his plan for avoiding new year tax hike. >> luxury holiday cruise nightmare. not just happening on 1 ship nightmare. >> stern censorship changes over sea. one country insist all i know net users must do all i know net users must do before logging on. stay with >> late afternoon meeting at the white house brings some progress toward avoiding the fiscal cliff which is coming very soon. just a couple of days. tonight the president called the meeting constructiv constructive. mark matthews has look at the cost of going over the fiscal cliff if we do. >> president is optimistic but if deal can't be reached this weekend he will tell senate leader reid tiny introduce a fall back bill. >> bill on the floor that make sure that taxes on middle class family don't go up. that unemployment insurance is still available for two million people lay the ground work then for additional deficit reduction and economic growth steps to take in the new year that. >> bill ass the president calls the bare minimum isn't what many on capitol hi
FOX
Dec 24, 2012 5:00am PST
-- transferred. it is known as a double irish where large payments are transferred in order to pay lower taxes. >>> and in the deadly san bruno explosion, the san francisco chronicle reports the money will pay for regulatory charges but they fear a criminal charge. so consumer groups turned down the deal, eight people died, 38 homes were destroyed in the 2010 explosion. >>> some city offices will be closed due to the christmas eve holiday. san carlos is closed through january 22nd and all bay area city offices are expected to close tomorrow for the christmas holiday. bay area post offices will close but post office says most locations will close at noon but male delivery will be delivered quickly and post offices will be closed on new year's day. >>> who is checking bart, is it on holiday schedule? >> that is right and tomorrow as well will be on holiday schedule and trains will be 20 minutes apart if you have to get out and about on christmas day. right now we will look at 880 southbound, we have this accident which has cleared over to the shoulder, fedex versus a car and i just want to make
FOX
Dec 22, 2012 7:00am PST
reaching any agreement on ways to avoid end of the year tax hikes and budget cuts. the house speaker used the gop weekly address to say republicans will maintain their focus on reaching a deal. >> i have challenged the members of our party to grapple with these issues, to make choices and we are willing to because washington has a serious spending problem. this was the year of the size our debt, all 16 trillon dollars of it passed the size of our economy. it's a grim milestone. >> both sides continue to blame the other for not compromising. with no agreement the budget cuts and tax hikes will go into effect january 1st. >> it's more likely than ever that eastern and gulfports will be shut down by a strike. nearly 15,000 dock workers at ports from boston to houston are ready to walk off the job. they say negotiations are still possible but no new talks are scheduled. shippers and retailers are pleading the union and cargo carriers to get back to talks. >> this morning police in pennsylvania are trying to determine were a man -- why a man shot and killed three people before dieing in a
FOX
Dec 26, 2012 5:00am PST
. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the president's 21st inauguration and that's less than those who flooded the area in 2009. >>> it should be much better and governor brown wants to overhaul the state'
KRON
Dec 24, 2012 6:00am PST
, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> we will be right back. thousands of palestinians and international tourists are visiting bethlehem to visit christmas. and to celebrate-christmas. this is live at the we will be right back. >> watching wall street, this shorter trading day. they are open until just 1:00 p.m., not a lot to cheer about. with little in the news. there was a expected a lower opening. of the driving force was the fiscal cliff. expect low trading volume with wall street closing at 10:00 a.m. our time, 1:00 p.m. on the ea
ABC
Dec 22, 2012 6:00am PST
a difference. >> she wants the president how higher taxes would impact her family. >> my mom, she has to pay a lot of money, they have to get a lot me and my siblings. >> the first graders are writing their own letters with a few simple requests for the president. give us puppies and as president you should wear jeans. >> the letters will be mailed out before the holidays and while students know the president is pretty busy, they do expect him to respond. >> please take time to write back. i think you'll have a big impact on our country. >> reporter: sealed, signed and soon to be delivered. lyanne melendez, "abc 7 news". >> ama: we're dealing with a marriage storm in this morning. wind as severe as the rain and maybe more so. >> thunderstorms and gusty winds. rain is through santa rosa but heavy rain a across the bay. we're not out of it yet. another hour or two and we will have our break. that is on tap for this morning and the afternoon hours and more on the way tomorrow. >> big move for the exploratorium. it's packing up as it prepares for the future. >> katie: welcome back. it's 6:46. yo
ABC
Dec 22, 2012 8:00am PST
a difference. >> she wants the president to know how higher taxes would impact her family. >> my mom, she has to pay a lot of money because she has to get a lot of food for me and the sib ib links. >> they are asking for a few simple requests. give us puppies and as president you should wear jeans. >> letters will be mailed out before the holidays. while students know the president is pretty busy they do expect him to respond. >> please take time to write back. i thing like you'll have a big impact on our country. >> sealed, signed and soon to be delivered. >> katie: lisa argen is joining us with good news if you are waterlogged, one of the of it has passed. >> lisa: we still have showers in the north bay but los gatos, highway 17 right now, i seek it's moving along and heavier rain in the santa cruz mountains. heavier rain throughout the day but nothing like what you slept three and storm number two tomorrow. we'll talk about what to expect for the rest of the weekend next. >> also ahead, a big move for the san francisco exploratorium. it's packing up for the past as it prepares for the futu
KOFY
Dec 24, 2012 9:00pm PST
francisco. >>reporter: also helping out by sending tax toy pick up gifts from homes throughout the city and delivering them to lefty at no charge. driver sam is happy to be part of the effort. >> this is a great thing for the kids. of course to get some toys for christmas. >>reporter: lefty will be collecting toys here on geary street until 2:00 o'clock in the morning. if you captain come by here you can drop a gift off at any fire station near your home. they will be glad to take it. in san francisco, i'm thomas abc 7 news. >> there is still time to help there. clyde memorial hands out thousands of meals around the holiday but today extra special because this christmas eve lunch included prime rib the owner of san francisco house of prime donated the food as he has done for more than 2 decades. this year he gave 2 2200 pounds of the meat. work now under way for tomorrow's christmas dinner for 5000 more people. >> still to come here. it's the ultimate christmas gift to be sure. we take you to the peninsula market that sold winning lottery ticket worth 23 million dollars. >> a
KRON
Dec 24, 2012 5:00pm PST
situation. it would mean a series of tax hikes and spending cuts taking effect in about a week. on wall street. the dow lost 52 points in a shortened christmas eve trading day. the nasdaq dropped eight. and the s-and-p lost 3 points. >> catherine: there could also be what you might call a 'dairy cliff'. beginning next year, you could pay as much as seven dollars for a gallon of milk if congress doesn't step in. with the focus on the fiscal cliff - other legislative matters are falling by the wayside.including a stalled farm bill. certain protections for farmers are expiring. one of them is the dairy subsidy, which ends january first. if congress doesn't act before then, the u-s would revert back to a 63-year-old dairy policy. it would force the government to buy milk at inflated prices, driving up the cost.. ------------------------ now showing les miserables- >> quentin tarantino takes movie goers to the deep south of a plantation owner ...with leonardo eicaprio samuel l. jackson and 'les miserables' the revolutionary tale is starring hugh jackman, russell crowe and anne hathaway... an
KRON
Dec 26, 2012 7:00am PST
before the year inns. without an agreement, automatic tax increase is for everyone and deep spending cuts will be triggered in the new year. the >> the death toll has risen to six from winter storms in the nation's midsection. if this is video automobile, alabama. an enormous storm system that brought snow and sleet to the nation's midsection and tournedos to the deep south is now moving its way toward the northeast. >> we are still tracking pretty good storm sales as you can see here is a live look as storm tracker 4. san for cisco is starting to dry out. we are still seeing pretty good rain coming out towards ever bring and 101. \ evergreen and 101. hayward and union city are also looking at moderate rain showers that are coming through. richmond and certain parts oakland are also looking at light rain. all the rain will stick a round and we will have scattered showers for the rest of the day. showers will decrease by the afternoon and you should grab your unreligious in case you are doing shopping. the showers will and by tonight and the skies should clear up. temperatures right now ar
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